Ethiopia Partners with Dangote to Build One of the World’s Largest Fertilizer Complexes
ADDIS ABABA, Ethiopia – Ethiopian Investment Holdings (EIH), the government’s sovereign investment arm, has signed a landmark agreement with Nigeria’s Dangote Group to build...
National Bank of Ethiopia Pushes Banks to Modernize Hawala Transfers
The Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, has sent a strong message to the banking industry: do more to boost...
Ethiopia to Launch International Flights From Regional Airports
Addis Ababa — Ethiopia is preparing to take a major step in aviation connectivity by allowing international flights to operate directly from regional airports...
Why These Giant Yellow Trucks Are Showing Up in Ethiopia
Short answer: they’re Komatsu HD785 rigid dump trucks—90-100-ton haulers used in open-pit mines and big quarries. Ethiopia is entering a new cycle of industrial-scale...
Ethiopia’s Coffee Exports Hit $268 Million in July Despite Lower Volumes
Addis Ababa – Ethiopia, Africa’s largest coffee producer and the birthplace of Arabica beans, earned $268 million in export revenues from coffee in July,...
Ethio Telecom Targets 88 Million Subscribers with Ambitious Three-Year Strategy
Addis Ababa – Ethio Telecom has announced an ambitious plan to increase its subscriber base to 88 million in the current fiscal year, up...
